Brno, Czech Republic

Company Management and Economics

Table of contents

Company Management and Economics at VUT

Language: English Studies in English
Subject area: economy and administration
University website: www.vutbr.cz
Years of study: 4

Definitions and quotes

Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Management
Understanding the concept of competency is a prerequisite to understanding his integrated model of management.
Richard Boyatzis (1982) Competent Manager: A Model for Effective Performance. p. 10
Management
Management of many is the same as management of few. It is a matter of organization.
Sun Tzu (c. 6th century BC) The Art of War
Management
A company will get nowhere if all of the thinking is left to management.
Akio Morita (1987). Made in Japan, p. 149
The Mediterranean supports a rich diversity of marine life, which is the focus of conservation efforts. An EU initiative investigated how best to designate and manage these sites for marine conservation.
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